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Formula 1 is in the U.S. for the first time in five years this
weekend, and it's already leading to the product tie-ins. No,
we're not complaining.

In this video you see the first footage of the Fiat 500 Abarth
Cabrio, due to be unveiled at the 2012 Los Angeles
Auto Show in just under two weeks.

Details are still being closely held, but in addition to looking
pretty good with Ferrari's F1 racing drivers behind the wheel,
the 500 Abarth Cabrio should be precisely what you'd expect: a
500 Abarth with the retractable cloth top of the 500C.

That means a 160-horsepower turbocharged 1.4-liter four-cylinder
engine, Abarth-tuned suspension, unique wheels, an aggressive
exhaust, and some Abarth-specific appearance touches inside and
out. To see what it's like to drive a modern 500 Abarth, check
out our first drive review of the 2012 hardtop
here.

It should also translate to a very friendly starting price for a
performance mini-hatch. The standard hardtop Abarth starts at
$22,000, and the 500C adds a premium of $4,000 over the standard
500, so look for the 2013 Fiat 500 Abarth Cabrio to clock in
around $26,000.

We'll have all of the details and live photos for you fresh from
the show floor, so stay up to date with all of our show coverage
at our dedicated LA Auto Show page.
This story originally appeared at Motor Authority